The following is not financial advice.
While unhealthy to speculate, it is possible that TenX is averaging down and awaiting a potential acquisition.
For a similar example, have a look at what happened with Tesserent (TNT). Geoff Lord, the company's CEO averaged down to a position that became profitable once the company was bought out at an acquisition premium.
Personally, my entry is a little above the current share price and as soon as it is reached I am willing to cash out given that names floated about the company are "suspicious''. Until work is made to pivot away from this, which is to say that these associations cease to exist I wish to reduce my risk profile.
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VR1 FY25 New Deals, page-45
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.87M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.0¢ | $156.9K | 7.466M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5000000 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 1725348 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5000000 | 0.021 |
4 | 4268659 | 0.020 |
15 | 6636992 | 0.019 |
9 | 7467606 | 0.018 |
4 | 732941 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 1725348 | 9 |
0.023 | 3794222 | 10 |
0.024 | 1560000 | 3 |
0.025 | 2071746 | 7 |
0.026 | 795815 | 4 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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VR1 (ASX) Chart |